Robert McKinley, Senior Analyst/Editor Robert McKinley is an analyst of the payments industry on a daily basis for 32 years covering payment cards and payment systems from both the business side and the consumer side. McKinley is the retired founder and chief executive of RAM Research, CardWeb and CardTrak. In his prior position, McKinley has participated in more than 10,000 documented news media interviews, testified as an expert witness in two separate $billion+ U.S. anti-trust trials, testified before the U.S. Congress, assisted the GAO with paymentsIMG_2006 (1).jpeg reports, chaired numerous business conferences and provided C-Suite opinion to a multitude of Fortune 500 companies. In retirement, he has continued developing and funding digital media assets as well as contributing payments related analysis/content to a broad list of online publishers, including CardFlash, CardTrak and CardData. McKinley is also a national certified mentor with the non-profit SCORE organization with a focus on assisting Fintech startups. www.robert-mckinley.com

V+M PTX +11% YOY; Avg Credit TX $83 and Debit TX $37

V+M PTX +11% YOY; Avg Credit TX $83 and Debit TX $37

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Purchase transactions (PTX) for Visa and MasterCard credit and debit cards in the U.S. grew by 11.4% year-on-year (YOY) in the fourth quarter (4Q/15) to 19.9 billion. 
U.S. purchase transactions for Visa and MasterCard credit cards came in at 6388 million for 4Q/15, compared to 6133 million for the prior quarter and…

TSYS; YAPSTONE; BLUEPOINT; and FLOK

In Other News: TSYS (Alerts); YAPSTONE (award); BLUEPOINT (paper); and FLOK (LoyalBlocks). TSYS – TSYS will provide the payment providers its services across Europe with TSYS Alerts, a solution that helps cardholders monitor their accounts and prevent fraudulent activity with real-time, on-demand information using cardholder-driven communication preferences that include push notifications, SMS text messaging, voice…

Square Revenue Accelerates to the Stratosphere

Square Revenue Accelerates to the Stratosphere

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Square reported total revenue of $1267.1 million for full year 2015, a stunning 49.0% year-on-year (YOY) increase over the same period in 2014. For the fourth quarter (4Q/15) total revenue soared by 49.2% YOY to $374.4 million. Gross Payment Volume (GPV) increased 47% YOY to $10.2 billion. For the full year…

Card Network Profits Leap 20% YOY Topping $4B in 4Q

Card Network Profits Leap 20% YOY Topping $4B in 4Q

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Profits for the top four networks rose 20.1% year-on-year (YOY) in the fourth quarter (4Q/15). Visa, MasterCard, American Express and Discover reported a combined 4Q/15 profit of $4130 million, compared to $3895 million for 3Q/15 and $3439 for 4Q/15. Visa and Discover profits jumped 24% YOY in 4Q/15, compared to 20%…

Visa’s Takes 50 bps Marketshare from American Express

Visa’s Takes 50 bps Marketshare from American Express

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa continues to rule the market, growing its U.S. GDV marketshare from 57.8% in 4Q/14 to 58.3% in 4Q/15, largely at the expense of American Express. The nation’s four major payment card networks produced $1443 billion in U.S. gross dollar volume (GDV) in the fourth quarter (4Q/15) for an 8.1% year-on-year…

Consumer Revolving Credit Returns to Positive Growth in Feb

Consumer Revolving Credit Returns to Positive Growth in Feb

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] February consumer revolving credit card debt increased at an annual rate of +3.7%, compared to -0.3% in January and +6.5% in December. ARTICLE: February consumer revolving credit card debt increased at an annual rate of +3.7%, compared to -0.3% in January and +6.5% in December. Overall consumer credit increased at a…

Italy’s m-Bank buddybank Buddies with MasterCard

Italy’s m-Bank buddybank Buddies with MasterCard

UniCredit’s pure digital “molecular” bank, buddybank, has inked a deal with MasterCard. Angelo D’Alessandro, founder of buddybank, says they have been working closely with MasterCard since starting to scan the cards space. Beginning January 2017, this new partnership will ensure buddybank Italian cardholders to access to MasterCard’s innovative technologies and smart solutions that will allow…

MasterCard’s European Region Remains Robust

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MasterCard’s European region 4Q/15 Gross Dollar Volume (GDV) rose year-on-year (YOY) by 15.1% on a currency adjusted basis (FX) and solid compared to 4Q/14’s 15.9% YOY gain.  Europe is MasterCard’s second largest international region based on GDV and PDV. On a nominal basis, MasterCard’s Europe GDV declined 1.3% to US$341 billion…